In a move to help spur the economy , the Bush administration has proposed increasing the SBA budget by 37%. The proposed budget also includes several other items. Read this entire press release here: Proposed SBA ’09 Budget Boosts Small Business Financing to $28 Billion, Supports Outreach to Underserved Markets Also worth noting is this…
Category Archives: SBA News
Rural Lender Advantage
The U.S. Small Business Administration’s Office has launched an initiative aimed to promote economic development in many rural areas throughout the US by making it easier for smaller community banks to use SBA products to finance small businesses. This new initiative pilot will start to operate in Region VIII, covering Montana, South Dakota, Colorado, Wyoming,…